Automated Architecture secures £2.6m in seed funding led by Miles Ahead to expand its micro-factory network.
The seed round was led by Miles Ahead to support the expansion of the company partner license network and US operations.
Automated Architecture develops robotic and AI driven systems that help homebuilders reduce construction costs and construct sustainable housing. The company provides decentralised micro factories and software to automate the timber building process.
Automated Architecture has raised £2.6m in a seed funding round led by Miles Ahead. The capital will be used to grow the company partner license network and expand its operations into the United States. Additional backing came from a roster of institutional investors and angels, including ABB Robotics and Automation Ventures, Rival Holdings, and Morgan Stanley.
From the founder
"AUAR has developed all the tech home builders need to develop, produce, and build affordable low-energy homes while increasing margins and productivity. Our technology is low CapEx, doesn’t require big factories, and pays itself back in a few months."
Gilles Retsin
Co-Founder and CTO at Automated Architecture
Investor perspective
"AUAR’s combination of licensed hardware and software has the potential to change the game as we know it. Its construction approach will not only be a massive help in fighting the low levels of productivity observed in the sector, saving companies valuable time, moreover, it will be instrumental in meeting sustainability goals."
Luc Burgelman
Founding Partner, Miles Ahead
Use of funds
- 01Expand into international markets
Investors
Luc Burgelman
Miles Ahead
Robotics & Automation Ventures
Rival Holdings
Morgan Stanley
Vandenbussche Group
Bacchus Venture Capital
Nicolas Bearelle
Stefano Bernardi
Dob Todorov
Robotics & Discrete Automation
Categories
About the company
Automated Architecture
Automated Architecture uses robotics and artificial intelligence to help homebuilders cut construction costs.